Investing
52-Week Low Club (CCJ, CPN, CECE, CROX, GGP, TWB)
Published:
Last Updated:
As the markets went back to triple-digit losses, there were many more new stocks (and repeat performers) on the 52-week low club today. Many of these look just like an explosion in a city at night. Not all of these closed on 52-week lows, but these did hit new intra-day lows of consequence:
Cameco (NYSE: CCJ)… Cigar Lake update showed more water entering the uranium mine hole.
Calpine (NYSE: CPN)… rose back above old $15.00 low, but shares down by one-third since July 1.
CECO Environmental Corp. (NASDAQ: CECE)… on added earnings concern; with a name like that you’d think they would do better as shares are down 70% from highs.
CROCS Inc. (NASDAQ: CROX)… barely a new low but still feels like a hammer on the toes.
General Growth Properties (NYSE: GGP), repeat performer, stock down over 50% from 2007 highs.
Tween Brands (NYSE: TWB)… bad earnings, bad name… pounced with 40% drop.
If you added in many of the European, Asian, and emerging market ADR’sor ETF/FUND categories this list could go on and on (and on…).
Jon C. Ogg
August 13, 2008
The Average American Is Losing Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.
Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.
But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
